NOT LISTED FOR SALE

16 Lee Ln Summit, NJ 07901

Berkeley Heights Area

Estimated Value: $1,634,000 - $1,904,000

4 Beds
5 Baths
3,926 Sq Ft
$465/Sq Ft Est. Value

Sale Details

Date Sold: August 8, 2024

Last sale price $1,500,000 $382 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $11,783 / mo

15 Days on Market

About This Home

As of August 2024

This home is located at 16 Lee Ln, Summit, NJ 07901 since 26 June 2024 and is currently estimated at $1,824,479, approximately $464 per square foot. 16 Lee Ln is a home located in Union County with nearby schools including Columbia Middle School, Governor Livingston High School, and The Academy of Our Lady of Peace.

Last Agent to Sell the Property

Natalie Schickel

KELLER WILLIAMS REALTY Brokerage Phone: 908-654-7777 Listed on: 06/26/2024

KELLER WILLIAMS REALTY

Last Buyer's Agent

Scott Shuman

KELLER WILLIAMS REALTY

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Lot Details

  • 19,602 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Home Details

Home Type

Single Family

Lot Details

0.45 Acres

Listing Details

  • County Name: Union
  • I D: 5295353
  • Attribution Contact: 908-654-7777
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 4.10

Lot Info

  • Lot Size: .448 AC
  • Total Acres: 0.45

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Aug 5, 2024
Sold by
Bought by
Seller's Agent
Natalie Schickel
KELLER WILLIAMS REALTY
Buyer's Agent
Scott Shuman
KELLER WILLIAMS REALTY
List Price
$1,300,000
Sold Price
$1,500,000
Premium/Discount to List
$200,000
15.38%
Views
88
Current Estimated Value
$1,824,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,479
Avg. Annual Appreciation
10.74%
Original Mortgage
$600,000
Interest Rate
0.0625%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
0.0612%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,500,000 Surety Title
$1,100,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $600,000
Previous Owner $825,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/08/2024 08/08/24 Sold $1,500,000 +15.4% $382 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $1,300,000 -- $331 / Sq Ft
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $22,445 $510,000 $283,600 $226,400
2025 $22,445 $510,000 $283,600 $226,400
2024 $21,548 $510,000 $283,600 $226,400
2023 $21,548 $510,000 $283,600 $226,400
2022 $21,415 $510,000 $283,600 $226,400
2021 $21,298 $510,000 $283,600 $226,400
2020 $21,410 $510,000 $283,600 $226,400
2019 $24,498 $586,500 $283,600 $302,900
2018 $23,988 $586,500 $283,600 $302,900
2017 $23,420 $579,700 $283,600 $296,100
2016 $23,008 $579,700 $283,600 $296,100
2015 $22,881 $579,700 $283,600 $296,100
2014 $22,284 $579,700 $283,600 $296,100
Source: Public Records

Agents Affiliated with this Home

  • Natalie Schickel

    Seller's Agent in 2024

    Natalie Schickel

    KELLER WILLIAMS REALTY

    (908) 868-6876

    42 Total Sales

    Natalie Schickel
    Section Image

  • S

    Buyer's Agent in 2024

    Scott Shuman

    KELLER WILLIAMS REALTY

    (862) 812-3237

    608 Total Sales

    Scott Shuman
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3910001

Garden State MLS

APN: 01-03905-0000-00002

New Jersey Union County Summit 07901

16 Lee Ln, Summit, NJ

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